City Office REIT (NYSE:CIO - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Friday, May 2nd. Analysts expect City Office REIT to post earnings of $0.27 per share and revenue of $42.38 million for the quarter. City Office REIT has set its FY 2025 guidance at 1.100-1.140 EPS.
City Office REIT (NYSE:CIO - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.40. The firm had revenue of $41.92 million for the quarter, compared to the consensus estimate of $42.79 million. City Office REIT had a negative net margin of 10.33% and a negative return on equity of 2.74%. On average, analysts expect City Office REIT to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
City Office REIT Stock Performance
Shares of CIO stock traded down $0.03 during trading hours on Wednesday, hitting $5.12. The company's stock had a trading volume of 250,759 shares, compared to its average volume of 199,475. The company has a current ratio of 2.42, a quick ratio of 2.42 and a debt-to-equity ratio of 1.02. The company has a 50 day moving average of $4.96 and a 200 day moving average of $5.21. City Office REIT has a 12-month low of $4.19 and a 12-month high of $6.50. The stock has a market cap of $206.63 million, a PE ratio of -8.26, a price-to-earnings-growth ratio of 0.86 and a beta of 1.84.
City Office REIT Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Shareholders of record on Thursday, April 10th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 7.81%. The ex-dividend date was Thursday, April 10th. City Office REIT's payout ratio is presently -64.52%.
City Office REIT Company Profile
(
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City Office REIT is an internally-managed real estate company focused on acquiring, owning and operating high-quality office properties located predominantly in Sun Belt markets. City Office currently owns or has a controlling interest in 5.7 million square feet of office properties. The Company has elected to be taxed as a real estate investment trust for U.S.
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